IOR definition
Examples of IOR in a sentence
The IOR or District representative will review the information contained in the reports, and sign the reports no later than the next work day, and return a copy of the report to Developer for its records.
Such services and/or work aspects include, but are not limited to, the Service Provider or its sub-consultant’s provision of geotechnical studies, potholing involving digging, site surveying and/or construction IOR services as defined by the DIR.
The IOR may perform required Special Inspections depending on availability and need.
After review by the IOR, the ARCHITECT will, within seven (7) days after receipt of the CONTRACTOR's Application for Payment, either approve such payment or notify the CONTRACTOR in writing of the ARCHITECT's reasons for withholding approval in whole or in part as provided herein.
Before commencement of work, CONTRACTOR and all Subcontractors listed in bid documents of CONTRACTORS are required to attend a mandatory preconstruction meeting conducted by DISTRICT’s representative and further attended by, but not limited to, ARCHITECT, ENGINEER, and IOR.
After determining that the Project is substantially complete, Architect shall participate in the inspection by the IOR of the Project and shall review all remaining deficiencies and minor items needed to be corrected or completed on the Project, including those identified on the punch list prepared by the contractor ("Punch List Items").
Contractor will make recommendations to District, its consultants, the Architect, and District’s IOR in instances where Contractor observes work that, in its opinion, is defective or not in conformity with the Contract Documents.
Applicable to any Interest Period, shall mean a ------------------------ rate per annum determined pursuant to the following formula: AER = [ IOR ]* --- [1.00-RP] AER = Adjusted Eurodollar Rate IOR = Interbank Offered Rate RP = Reserve Percentage *The amount in brackets shall be rounded upwards, if necessary, to the next higher 1/100 of 1%.
The IOR or District representative will review the information contained in the reports, and sign the reports no later than the next work day, and return a copy of the report to the Developer for its records.
Upon approval by the District, Architect, and IOR, it will be forwarded to the District for processing..